SteelOrbis has been informed that in the local Taiwanese steel market the price of JIS G3131 SPHC hot rolled coils of 2.0-4.5 mm thickness is being quoted at NTD 21,000-23,000/mt ($714-782/mt), delivered to customer including five percent VAT and for early March shipments. The prices show an increase of NTD 1,000-1,200/mt ($34-41/mt) as compared to last week.
US$1 = NTD 29.4